GameStop Corp. Cl A Stock Outperforms Competitors On Strong Trading Day
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Shares of GameStop Corp. Cl A (GME) rose 5.53% to $20.42 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.85% to 4,136.25 and the Dow Jones Industrial Average rising 1.65% to 33,674.38.
This was the stock's fourth consecutive day of gains.
GameStop Corp. Cl A closed $27.57 below its 52-week high ($47.99), which the company reached on August 8th.
The stock outperformed some of its competitors Friday, as Apple Inc. (AAPL) rose 4.69% to $173.57, AT&T Inc. (T) rose 1.30% to $17.13, and Best Buy Co. Inc. (BBY) rose 2.75% to $73.57.
Trading volume (4.3 M) remained 529,154 below its 50-day average volume of 4.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 5, 2023.
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May 05, 2023 16:58 ET (20:58 GMT)
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